Unit 3

Word

Definition

Example

financial trader

A person who engages in buying and selling financial instruments, such as stocks, bonds, or currencies, with the aim of making a profit

The financial trader analyzed market trends before executing a high-risk trade

announcement

A formal statement or declaration made to convey important information or news

The company's announcement of a new product launch generated excitement

infer

To deduce or conclude information based on available evidence or clues

From the clues given, I can infer that the project is nearing completion

following the hunch

Acting on an intuitive or instinctive feeling or belief

Following his hunch, he invested in a stock within a tiny timeframe

tiny timeframe

A very short period or duration of time

With the project's deadline approaching, we had to work within a tiny timeframe

read between the lines

To understand or interpret a hidden or implied meaning in something that is said or written

To understand the true meaning, you need to read between the lines

high-risk trade

A trading decision or investment that carries a significant potential for loss

Engaging in a high-risk trade involves a trade-off between potential profit and potential loss

trade-off

An exchange or compromise between two or more conflicting factors or options

There's often a trade-off between cost and quality when making decisions

put a trade on

To initiate or execute a trade or investment

He decided to put a trade on the volatile currency exchange market

make a good trade

To execute a successful and profitable financial transaction

Skillful analysis of the market conditions enabled her to make a good trade

make a return

To generate a profit or gain from an investment or trade

By investing wisely, you can make a return on your initial investment

backer

Someone who provides financial support or backing for a project or venture

The project received financial backing from a well-known investor

ballpark figure

An approximate or rough estimate of a quantity or value

While the exact cost was uncertain, they provided a ballpark figure

level playing on field

A situation where all participants have an equal opportunity or advantage

They are still not providing a level playing field in terms of opportunities for women

ROI (return on investment)

A measure of the profitability of an investment, calculated as a percentage of the initial investment

The smart investment strategy led to a substantial return on investment

yield

The income or return generated from an investment, often expressed as a percentage

The company's yield from their investments was impressive

assets

Valuable possessions or resources owned by an individual or entity

Diversifying assets between bonds and equities helps manage risk

bonds

Debt securities issued by governments or corporations that pay periodic interest to bondholders

Bonds are considered safer investments compared to more volatile equities

equities

Shares or ownership interests in a company, often in the form of stocks

She decided to diversify her portfolio by investing in both equities and bonds

liquidity

The ease with which an asset can be converted into cash without significant loss of value

Liquidity refers to the ease of converting assets into cash

volatility

The degree of variation or fluctuation in the price or value of a financial instrument or market

The stock market's volatility can result in both gains and losses

be likely to

To have a high probability or chance of happening

Given the circumstances, he is likely to accept the job offer

be about to

To be on the verge of or on the point of doing something

He seemed to be about to reveal a crucial piece of information

be on the point of

To be very close to or about to do something

She was on the point of making her decision when the phone rang

be bound to

To be certain or inevitable to occur

If you keep practicing, you're bound to improve your skills over time

delve into

To investigate or explore something deeply and thoroughly

Let's delve into the details of this complex issue to better understand it

dug up

Unearthed or discovered through research or investigation

While gardening, I accidentally dug up an old coin buried in the soil

fallacy

A mistaken belief or misconception based on faulty reasoning

The belief that all snakes are venomous is a common fallacy

stand up scrutiny

To endure examination, evaluation, or critical review without being discredited

His explanation was well-prepared and could stand up to close scrutiny

stickler for detail

Someone who pays close attention to small or precise details and insists on their accuracy

He's a stickler for detail, ensuring everything is perfect before moving forward

negotiation

The process of reaching an agreement or compromise through discussion and compromise

The negotiation process required careful consideration of both parties' interests

ultimately

In the end or eventually

Ultimately, the success of the project depended on effective teamwork

stare at

To gaze or look at something intently or for an extended period

She couldn't help but stare at the intricate details of the painting

ambiguity

The presence of multiple possible meanings or interpretations in a statement or situation

The ambiguity of the statement left room for different interpretations

assumption

A belief or supposition taken for granted without direct evidence

Their assumption about the market trend proved to be incorrect

elicit

To draw out or evoke a response, information, or reaction from someone

The survey was designed to elicit honest feedback from customers

reduce tension

To alleviate or lessen stress, conflict, or discomfort

To reduce tension, the parties decided to take a short break from negotiations

renegotiate

To revise or alter the terms of an agreement, contract, or deal

They had to renegotiate the terms of the contract due to changing circumstances

variance

A measure of the degree of deviation or difference from a standard or expected value

The variance in sales figures was larger than anticipated

budgeted

Planned or allocated within a budget or financial plan

The project's expenses were carefully budgeted to avoid overspending

revenue

Income generated from business activities or investments

The company's revenue increased significantly after launching the new product

turnover

The total sales or revenue generated by a business within a specific period

Calculating turnover helps evaluate the company's operational efficiency

expenses

Costs incurred in the operation of a business or for personal expenditures

After deducting expenses, the company's net profit was impressive

gross and net

Gross refers to the total amount before deductions, while net refers to the amount after deductions

The company's gross revenue was substantial, but after deducting all expenses, the net profit was more modest

be offset by

To be balanced or compensated for by something else

The increase in production costs was offset by higher demand and increased sales, resulting in steady profitability for the company

outweigh

To exceed or surpass in importance, value, or significance

The potential risks should not outweigh the expected benefits